NOT LISTED FOR SALE

1435 E University Dr Tempe, AZ 85281

Downtown Tempe Neighborhood

Estimated Value: $12,453,749

-- Bed
-- Bath
57,956 Sq Ft
$215/Sq Ft Est. Value

About This Home

This home is located at 1435 E University Dr, Tempe, AZ 85281 and is currently estimated at $12,453,749, approximately $214 per square foot. 1435 E University Dr is a home located in Maricopa County with nearby schools including Laird Elementary School, McClintock High School, and New School for the Arts & Academics.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 14, 2012
Sold by
University Plza Bpt Llc
Bought by
University Plaza Randall Llc
Current Estimated Value
$12,453,749

Purchase Details

Closed on
May 16, 2008
Sold by
Ridgeview Village 224 Llc
Bought by
University Plaza Bpt Llc and University Plaza Randall Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,685,000
Interest Rate
6%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 14, 2000
Sold by
Plaza Las Palmas Llc
Bought by
Ridgeview Village-224 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,737,500
Interest Rate
8.27%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 17, 1994
Sold by
Strauss
Bought by
Strauss Matthew C
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
University Plaza Randall Llc -- Fidelity Natl Title Ins Co
University Plaza Bpt Llc -- Fidelity National Title
Ridgeview Village-224 Llc $3,650,000 --
Plaza Las Palmas Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open University Plaza Randall Llc $2,865,000
Closed University Plaza Randall Llc $2,865,000
Previous Owner University Plaza Bpt Llc $4,685,000
Previous Owner Ridgeview Village-224 Llc $2,737,500
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $79,660 $689,582 -- --
2024 $81,084 $677,268 -- --
2023 $81,084 $1,839,859 $1,003,255 $836,604
2022 $80,065 $1,116,168 $325,833 $790,335
2021 $82,923 $1,099,368 $288,468 $810,900
2020 $80,405 $1,033,416 $209,988 $823,428
2019 $78,880 $988,218 $182,502 $805,716
2018 $76,921 $965,088 $176,886 $788,202
2017 $74,631 $676,044 $163,782 $512,262
2016 $74,106 $615,852 $146,232 $469,620
2015 $73,153 $503,718 $136,752 $366,966
Source: Public Records

Map

Arizona Maricopa County Tempe 85281 Downtown Tempe

1435 E University Dr, Tempe, AZ

This home is located at 1435 E University Dr, Tempe, AZ 85281 and is currently estimated at $12,453,749, approximately $214 per square foot. 1435 E University Dr is a home located in Maricopa County with nearby schools including Laird Elementary School, McClintock High School, and New School for the Arts & Academics.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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